Samsung

Smartphone shipments jumped 27% globally in Q1

Smartphone shipments jumped 27% globally in Q1

More good news from a smartphone market currently rebounding from the far-reaching impacts of the pandemic. New numbers from Canalys put global shipments for Q1 2021 at 27% above where they were the same time last year. The industry was hit early and hit hard by COVID-19. The first quarter saw the company running into […]

LG is shutting down its smartphone business worldwide

LG is shutting down its smartphone business worldwide

LG said on Monday it will close its loss-making mobile phone business worldwide as the once pioneer brand looks to focus its resources in “growth areas” such as electric vehicle components, connected devices, smart homes, robotics, AI and B2B solutions, and platforms and services. The South Korean firm said in a statement that its board […]

Qualcomm-backed chipmaker Kneron nails Foxconn funding, deal

Qualcomm-backed chipmaker Kneron nails Foxconn funding, deal

A startup based out of San Diego and Taipei is quietly nailing fundings and deals from some of the biggest names in electronics. Kneron, which specializes in energy-efficient processors for edge artificial intelligence, just raised a strategic funding round from Taiwan’s manufacturing giant Foxconn and integrated circuit producer Winbond. The deal came a year after […]

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